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Bilateral trade between Nigeria and China climbed by 34.7% to $15.48 billion from January to July 2025, compared to the same period in 2024.

This was disclosed by Ms. Yan Yuqing, Consul-General of the People’s Republic of China in Lagos, during a reception on Sunday, according to the News Agency of Nigeria (NAN).

She revealed that Nigeria has now become China’s second-largest trading partner in Africa, noting that the surge reflects the deepening economic relationship between the two nations.

Yuqing credited the growth partly to the upgrade of Nigeria-China relations to a comprehensive strategic partnership at the 2024 Forum on China-Africa Cooperation (FOCAC) summit, which she said has created wider avenues for collaboration.

She emphasised that cooperation between both countries is expanding across infrastructure, trade, energy, culture, and education, with visible benefits to their citizens.

“Nigeria and China guided by the principles of mutual respect and mutual benefit, all-round cooperation between China and Nigeria, have yielded remarkable results

“From January to July 2025, bilateral trade reached US$15.483 billion, marking a 34.7 per cent year-on-year increase, with Nigeria becoming China’s second-largest trading partner in Africa.

“Cooperation in infrastructure, investment and trade, energy resources, culture and education continues to deepen, bringing tangible benefits to both peoples,” she said.

China continues to hold its position as Nigeria’s top import partner, supplying goods worth N4.96 trillion in Q2 2025—more than twice the volume imported from the United States, which came in at N2.16 trillion. Overall, Asia accounted for 50% of Nigeria’s imports, with China leading the pack, followed by India, the Netherlands, and the United Arab Emirates.

The majority of China’s exports to Nigeria comprised machinery, refined petroleum products, and telecommunications equipment, underscoring its central role in providing industrial and consumer essentials. Manufactured imports from China alone amounted to N7.88 trillion, reflecting Nigeria’s ongoing reliance on external industrial supplies, while agricultural imports stood at N1.18 trillion, largely driven by wheat purchases from Canada and Russia

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